Tearsheet

Dominari (DOMH)


Market Price (12/4/2025): $4.22 | Market Cap: $62.6 Mil
Sector: Financials | Industry: Diversified Capital Markets

Dominari (DOMH)


Market Price (12/4/2025): $4.22
Market Cap: $62.6 Mil
Sector: Financials
Industry: Diversified Capital Markets

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -31%
Weak multi-year price returns
3Y Excs Rtn is -46%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -57 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -109%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 455%
  Stock price has recently run up significantly
12M Rtn12 month market price return is 170%
2 Attractive yield
Dividend Yield is 8.8%
  Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -13%
3   Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 344%
4   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -19%
5   High stock price volatility
Vol 12M is 185%
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -31%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 455%
2 Attractive yield
Dividend Yield is 8.8%
3 Weak multi-year price returns
3Y Excs Rtn is -46%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -57 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -109%
5 Stock price has recently run up significantly
12M Rtn12 month market price return is 170%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -13%
7 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 344%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -19%
9 High stock price volatility
Vol 12M is 185%

Valuation, Metrics & Events

DOMH Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are key points that could explain a -33.3% stock movement for Dominari (DOMH) for the approximate time period from August 31, 2025, to December 2, 2025: 1. Concerns over Share Dilution from Shelf Registration

The filing of a $2 billion shelf registration on August 28, 2025, to support strategic expansion, while aiming to provide flexibility for future funding, may have raised investor concerns about potential significant dilution of existing shares, leading to a negative market reaction. 2. Uncertainty Surrounding Interim CFO Appointment

The announcement on September 23, 2025, that a board member would assume the role of Interim Chief Financial Officer, effective October 1, 2025, could have introduced a degree of uncertainty regarding the company's financial leadership and stability during a critical period of growth and strategic initiatives.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
DOMH Return-33%-33%-67%-21%-62%359%-80%
Peers Return-1%0%0%0%0%-19%-19%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
DOMH Win Rate50%25%33%58%17%60% 
Peers Win Rate2%0%0%0%0%22% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
DOMH Max Drawdown-63%-34%-69%-44%-65%0% 
Peers Max Drawdown-1%0%0%0%0%-19% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: ABTC, FIGR, GEMI, MIAX, STKE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique KeyEventDOMHS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-95.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven2059.5%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-84.8%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven558.6%51.3%
2020 Covid PandemicTime to BreakevenTime to BreakevenNot Fully Recovered days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-93.0%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven1320.4%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-93.0%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven1320.0%131.3%
2008 Global Financial CrisisTime to BreakevenTime to BreakevenNot Fully Recovered days1480 days

Compare to ABTC, FIGR, GEMI, MIAX, STKE


In The Past

Dominari's stock fell -95.4% during the 2022 Inflation Shock from a high on 2/12/2021. A -95.4% loss requires a 2059.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Dominari (DOMH)

Better Bets than Dominari (DOMH)

Latest Trefis Analyses

TitleTopic
0DASHBOARDS 
1Can Dominari Stock Recover If Markets Fall?Return
Title
0ARTICLES

Trade Ideas

Select past ideas related to DOMH. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.4%3.4%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
9.5%9.5%0.0%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.1%0.1%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.1%-0.1%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-7.7%-7.7%-11.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.4%3.4%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
9.5%9.5%0.0%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.1%0.1%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.1%-0.1%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-7.7%-7.7%-11.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Dominari

Peers to compare with:

Financials

DOMHABTCFIGRGEMIMIAXSTKEMedian
NameDominari American.Figure T.Gemini S.Miami In.Sol Stra. 
Mkt Price4.282.3935.3810.7644.732.657.52
Mkt Cap0.1-----0.1
Rev LTM53---1,2552153
Op Inc LTM-57---5811
FCF LTM-7---7-85-7
FCF 3Y Avg-14---15-29-14
CFO LTM-7---49-9-7
CFO 3Y Avg-14---48-3-3

Growth & Margins

DOMHABTCFIGRGEMIMIAXSTKEMedian
NameDominari American.Figure T.Gemini S.Miami In.Sol Stra. 
Rev Chg LTM455.4%---19.6%1,558.9%455.4%
Rev Chg 3Y Avg----16.7%332.7%174.7%
Rev Chg Q452.2%---22.9%311.8%311.8%
QoQ Delta Rev Chg LTM112.2%---5.1%21.4%21.4%
Op Mgn LTM-108.7%---4.7%6.2%4.7%
Op Mgn 3Y Avg-9,988.5%---1.3%--4,993.6%
QoQ Delta Op Mgn LTM54.9%---2.9%-34.5%2.9%
CFO/Rev LTM-13.4%---3.9%-41.1%-13.4%
CFO/Rev 3Y Avg-8,819.4%---4.1%--4,407.6%
FCF/Rev LTM-13.4%---0.5%-404.8%-13.4%
FCF/Rev 3Y Avg-9,630.2%---1.1%--4,814.5%

Valuation

DOMHABTCFIGRGEMIMIAXSTKEMedian
NameDominari American.Figure T.Gemini S.Miami In.Sol Stra. 
Mkt Cap0.1-----0.1
P/S1.5-----1.5
P/EBIT-1.4------1.4
P/E-4.2------4.2
P/CFO-11.4------11.4
Total Yield-14.8%------14.8%
Dividend Yield8.8%-----8.8%
FCF Yield 3Y Avg-96.9%------96.9%
D/E0.0-----0.0
Net D/E-0.3------0.3

Returns

DOMHABTCFIGRGEMIMIAXSTKEMedian
NameDominari American.Figure T.Gemini S.Miami In.Sol Stra. 
1M Rtn-12.1%-51.4%-15.4%-39.5%-1.8%-14.8%-15.1%
3M Rtn-27.7%-70.3%-93.3%-26.4%--49.0%
6M Rtn-8.4%--93.3%----50.9%
12M Rtn170.4%--93.3%---38.5%
3Y Rtn30.6%--93.3%----31.4%
1M Excs Rtn-12.1%-51.4%-15.4%-39.5%-1.7%-14.8%-15.1%
3M Excs Rtn-30.0%-68.1%-98.7%-20.7%--49.0%
6M Excs Rtn-23.1%--108.0%----65.6%
12M Excs Rtn160.0%--106.9%---26.6%
3Y Excs Rtn-46.1%--166.1%----106.1%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Dominari Financial2    
Legacy AIkido Pharma0    
Single segment 0  0
Total20  0


Operating Income by Segment
$ Mil20242023202220212020
Legacy AIkido Pharma-9    
Dominari Financial-12    
Total-22    


Net Income by Segment
$ Mil20242023202220212020
Legacy AIkido Pharma-11    
Dominari Financial-12    
Total-23    


Assets by Segment
$ Mil20242023202220212020
Legacy AIkido Pharma49    
Dominari Financial9    
Single segment  10330 
Total58 10330 


Price Behavior

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity846,949
Short Interest: % Change Since 103120253.2%
Average Daily Volume241,234
Days-to-Cover Short Interest3.51
Basic Shares Quantity14,830,534
Short % of Basic Shares5.7%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025811202510-Q 6/30/2025
3312025513202510-Q 3/31/2025
12312024415202510-K 12/31/2024
93020241108202410-Q 9/30/2024
6302024808202410-Q 6/30/2024
3312024509202410-Q 3/31/2024
12312023401202410-K 12/31/2023
93020231106202310-Q 9/30/2023
6302023809202310-Q 6/30/2023
3312023511202310-Q 3/31/2023
12312022331202310-K 12/31/2022
93020221110202210-Q 9/30/2022
6302022812202210-Q 6/30/2022
3312022516202210-Q 3/31/2022
12312021328202210-K 12/31/2021
93020211110202110-Q 9/30/2021